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Property: AQUARIUS COURT, VIKING WAY, EUROPARC ROSYTH


AQUARIUS COURT, VIKING WAY, EUROPARC ROSYTH

SOLD

HIGH YIELDING PAVILION OFFICE INVESTMENT
  • Located in a successful business park experiencing a resurgence in occupier demand over the past 18 months
  • Excellent communication links and well placed to benefit from the development masterplans in the areas, spearheaded by Scarborough Muir Group
  • Grade A specification with excellent parking provision
  • Fully let building with a mix of good quality covenants
  • Heritable Interest (Scottish equivalent of English Freehold)
  • Total Rent of £153,210p.a with a potential reversion to £206,592 pa
  • Offers in excess of £1,300,000 net of costs at 5.55%.
  • Net Initial Yield of 11.17%
  • Reversionary Yield of 15.03%
  • Low Capital Value on net internal area of £75.48psf


More Information:
Successful business park
Excellent communication links
Grade A specification
Multi let to strong covenants
No vacant space
Heritable interest
Rent of £153,210 per annum
Offers over £1.3m
Net Initial Yield of 11.17%
Reversionary Yield of 15.03%
Low Cap Val of £75.48psf on NIA

Map: